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Re: DJPele post# 100227

Thursday, 05/13/2021 8:52:16 PM

Thursday, May 13, 2021 8:52:16 PM

Post# of 104408
DJ,
Trading should resume after the suspension is lifted, but not in the normal way. When MM's are prevented from making a market for that long they cannot resume trading even though the suspension is lifted. It should resume trading on the grey market which is a matched trade system. There will be no current bid/ask quotations. You can make an offer to buy or sell at your desired price but no guarantee it will be accepted or executed. I was involved in one late last year and the trading was extremely sporadic and volatile (both up & down). The company must submit a form to try and get a MM to accept the responsibility/risk of making a market in a stock that is most likely a complete scam at that point. It's almost unheard of for that to happen. If you are a bag holder err.. I mean stockholder you may not get much of a chance to get out. Hope it works out for you anyway (it could).
Regards

GO NAVY !!

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